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Investment News in United Arab Emirates

TechnipFMC Opens New Facility to Support Middle East Market
12/11/2017 - TechnipFMC officially opened its fully capable Surface International Facility in ICAD II as part of its continued investment in the UAE to reinforce TechnipFMC’s leading position in delivering local s...
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy
SPC Approves Key Strategic Investments as ADNOC Expands 2030 Strategy 11/27/2017 - The Supreme Petroleum Council (SPC), presided over by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Vice-Chairman ...
ADNOC Strengthens Energy Partnership with Japan
10/8/2017 - The Abu Dhabi National Oil Company (ADNOC) has strengthened its long-standing energy partnership with Japan, through the signing of a tri-partite Memorandum of Cooperation with Japan’s Ministry of Eco...
ADNOC in Discussions for New Offshore Oil Concession
ADNOC in Discussions for New Offshore Oil Concession 8/7/2017 - The Abu Dhabi National Oil Company (ADNOC) is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated...
ADNOC Begins Talks with Chinese, Japanese Firms for Partnerships
7/23/2017 - The Abu Dhabi National Oil Company (ADNOC) recently announced the expansion of its strategic partnership model, as well as the more active management of its portfolio of assets. Following the launch o...
Abu Dhabi's State Oil Firm Hires U.S. Investment Bank Moelis
7/18/2017 - Abu Dhabi National Oil Company (Adnoc) has appointed boutique U.S. investment bank Moelis & Co as an adviser as it seeks to attract billions of dollars in investments through joint ventures and prepar...
Adnoc Plans IPO of Retail Unit at $14 Billion Value
7/11/2017 - Abu Dhabi National Oil Co. is planning an initial public offering of its service stations unit and may seek a value of as much as $14 billion, according to people familiar with the matter. ...
ADNOC, OMV Sign MoU for Downstream Businesses Opportunities
5/25/2017 - His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Federal Chancellor H.E. Christian Kern witnessed toda...
First Microfactory Launched in UAE
3/27/2017 - Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, the Dubai Future Foundation and GE Additive are uniting their collective expertise behind the establish...
TAQA Receives South Korea Delegation in Abu Dhabi
10/16/2012 - Abu Dhabi National Energy Company PJSC (TAQA) received a private-public delegation from the Republic of Korea. The visit is part of a series of meetings to foster cooperation between Abu Dhabi and Sou...
Masdar, Devt Bank Japan to Invest in Renewables
Masdar, Devt Bank Japan to Invest in Renewables 1/16/2012 - Abu Dhabi government-owned green energy firm Masdar plans to invest jointly with Development Bank of Japan in solar and wind projects in OECD countries as part of a strategy to diversify the energy mi...
Renaissance Plans to Raise New Growth Capital
12/27/2011 - Renaissance Services SAOG has announced that its Board of Directors has approved the raising of up to Rial 50 million (USD 130 million) of additional capital through a quasi-equity instrument, subject...
Mott MacDonald celebrate financial close of CSP plant
3/21/2011 - Mott MacDonald’s role as lenders’ engineer on Shams 1, one of the largest concentrated solar power (CSP) projects in the world, has reached a key milestone with the announcement that it has achieved f...
Shams Power Company Raises US$600 M for CSP Project
3/7/2011 - Shams Power Company announced the financial close of Shams 1, one of the world’s largest concentrated solar power (CSP) projects and the first of its kind in the Middle East.TheUS$600 million closing ...
Neste Oil & ADNOC into a VHVI Base Oils Partnership
2/28/2011 - Finland's Neste Oil and Abu Dhabi National Oil Company (ADNOC) have entered into a partnership concerning VHVI (very high viscosity index) base oils. Along with the co-operation, 600,000 metric tons p...
Abu Dhabi’s IPIC to Offer Bonds in Euros, Pounds
2/23/2011 - Abu Dhabi’s International Petroleum Investment Co. may sell bonds in euros and pounds following investor meetings in cities including London, Amsterdam and Paris starting Feb. 28, according to three p...
ADNOC & JBIC Sign an MoU & Loan Agreement
11/4/2010 - Abu Dhabi National Oil Company (ADNOC) and The Japan Bank for International Cooperation (JBIC) have signed a Memorandum of Understanding and a Loan Agreement valued up to 3 billion US dollars in Abu D...
ADNOC to Spend $5 Billion on Onshore Projects
10/28/2010 - Abu Dhabi National Oil Company (ADNOC) plans to spend $5 billion until 2016 to boost oil output from its onshore operations to 1.8 million barrels per day (bpd), a senior executive said. ...
Abu Dhabi & Siemens Intensify Alliance with Masdar
10/19/2010 - Siemens to establish Middle East Headquarters in Masdar City and to collaborate on research and development of future energy technologies ...
Dana Gas investing over US$ 500 million in 2008
5/18/2008 - Dana Gas PJSC announced investments of over US$ 500 million this year in the Company’s projects in Northern Iraq, Egypt and the UAE. Dana Gas posted revenues of over AED 1 billion in 2007 which was it...

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